Huntington Bancshares (BSP:H1BA34) Cyclically Adjusted Book per Share: R$56.34 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:H1BA34 Huntington Bancshares Inc BSP:H1BA34
70 GF Score
Price R$93.07
GF Value R$91.56
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Huntington Bancshares Cyclically Adjusted Book per Share?

Huntington Bancshares BSP:H1BA34 70 Cyclically Adjusted Book per Share is R$56.34 as of Jun. 2026. GuruFocus rates BSP:H1BA34 with a GF Score™ of 70/100 and a GF Value™ of R$91.56 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Huntington Bancshares's adjusted book value per share for the three months ended in Jun. 2026 was R$75.433. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$56.34 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Huntington Bancshares's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Huntington Bancshares was 9.60% per year. The lowest was -6.70% per year. And the median was 3.60% per year.

As of today (2026-08-26), Huntington Bancshares's current stock price is R$93.07. Huntington Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$56.34. Huntington Bancshares's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huntington Bancshares was 2.01. The lowest was 0.83. And the median was 1.43.


Huntington Bancshares  (BSP:H1BA34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Huntington Bancshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.07/56.34
=1.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huntington Bancshares was 2.01. The lowest was 0.83. And the median was 1.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Huntington Bancshares Cyclically Adjusted Book per Share Related Terms


Huntington Bancshares Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Huntington Bancshares's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Huntington Bancshares Cyclically Adjusted Book per Share Chart

Huntington Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.73 57.77 54.26 73.78 66.03

Huntington Bancshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.29 67.10 66.03 75.08 56.34

BSP:H1BA34 vs MTB, BAP, CFG: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Huntington Bancshares's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Huntington Bancshares Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Huntington Bancshares's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Huntington Bancshares's Cyclically Adjusted PB Ratio falls into.


BSP:H1BA34
70GF Score
Huntington Bancshares Inc BSP:H1BA34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huntington Bancshares Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Huntington Bancshares's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=75.433/333.9520*333.9520
=75.433

Current CPI (Jun. 2026) = 333.9520.

Huntington Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201609 27.937 241.428 38.643
201612 28.536 241.432 39.471
201703 26.945 243.801 36.909
201706 28.972 244.955 39.498
201709 27.900 246.819 37.749
201712 29.946 246.524 40.566
201803 30.073 249.554 40.244
201806 35.069 251.989 46.476
201809 37.664 252.439 49.826
201812 36.724 251.233 48.815
201903 37.543 254.202 49.321
201906 38.879 256.143 50.689
201909 42.705 256.759 55.544
201912 42.622 256.974 55.390
202003 50.904 258.115 65.860
202006 54.148 257.797 70.144
202009 56.935 260.280 73.050
202012 54.634 260.474 70.046
202103 60.466 264.877 76.234
202106 60.142 271.696 73.923
202109 62.817 274.310 76.475
202112 67.375 278.802 80.702
202203 56.311 287.504 65.408
202206 55.241 296.311 62.258
202209 54.405 296.808 61.214
202212 56.573 296.797 63.655
202303 58.717 301.836 64.965
202306 54.656 305.109 59.823
202309 54.565 307.789 59.203
202312 57.374 306.746 62.463
202403 58.167 312.332 62.193
202406 63.490 314.175 67.487
202409 69.420 315.301 73.526
202412 74.502 315.605 78.833
202503 72.905 319.799 76.131
202506 71.999 322.561 74.542
202509 71.721 324.800 73.742
202512 75.206 324.054 77.503
202603 76.501 330.213 77.367
202606 75.433 333.952 75.433

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$56.34 mean?
Huntington Bancshares (BSP:H1BA34) has a Cyclically Adjusted Book per Share of R$56.34 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Huntington Bancshares and its competitors.
Is Huntington Bancshares' Cyclically Adjusted Book per Share too high?
Huntington Bancshares' current Cyclically Adjusted Book per Share is R$56.34. Overall, Huntington Bancshares has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huntington Bancshares' Cyclically Adjusted Book per Share compare to MTB and BAP?
Huntington Bancshares' Cyclically Adjusted Book per Share of R$56.34 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Huntington Bancshares and its competitors. Huntington Bancshares's current Cyclically Adjusted Book per Share is R$56.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huntington Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Huntington Bancshares (BSP:H1BA34) is currently considered Fairly Valued. The stock's GF Value™ is R$91.56, compared to a current price of R$93.07 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$56.34. Huntington Bancshares' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Huntington Bancshares (BSP:H1BA34), the current Cyclically Adjusted Book per Share is R$56.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Huntington Bancshares (BSP:H1BA34) Overvalued in 2026?

Based on GuruFocus' analysis, Huntington Bancshares stock appears to be overvalued. The current stock price of R$93.07 is trading 1.6% above its estimated GF Value™ of R$91.56. GuruFocus considers Huntington Bancshares to be Fairly Valued.

Key valuation signals for BSP:H1BA34:

  • Cyclically Adjusted Book per Share: R$56.34
  • GF Value™: R$91.56 vs. price of R$93.07 (1.6% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the BSP:H1BA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huntington Bancshares Business Description

Address 41 South High Street, Columbus, OH, USA, 43287
Huntington is a regional US bank with over $285 billion in assets. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.
70GF Score

Get the complete analysis for BSP:H1BA34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$93.07
Price
R$91.56
GF Value